Title Policy Endorsement definition

Title Policy Endorsement means a pro forma of an endorsement to the Title Policy containing
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Title Policy Endorsement means an endorsement to the Title Policy, in form and content acceptable to the Lender, to be delivered to the Lender pursuant to the terms of this Loan Agreement.
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Title Policy Endorsement. With respect to each Proposed Project added as a Project pursuant to Section 2.5 and located in the State of Florida, that certain policy endorsement issued by the Title Insurance Company in favor of Agent with respect to the Title Policy pursuant to a Commitment to Endorse, and providing coverage for the Proposed Project equivalent to that contained in the Title Policy.
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Examples of Title Policy Endorsement in a sentence

  • Mortgagee Title Policy Endorsement: Verify the existence of a title policy endorsement or title policy, and evidence that the modification and any subordination agreements have been recorded, and that the full amount of the modified loan is insured in first lien position.

  • Such Land Mortgage Title Policy Endorsement shall be an amount equal to the fair market value of the Land, and issued by companies and in form and substance satisfactory to Lender in its sole discretion.

  • Any exposed pipe, fittings, valves, hydrants, and joints shall be examined carefully during the pressure test.

  • The Issuer must ensure that the modified mortgage maintains its first lien position, which is documented by either a Title Policy Endorsement, or ALTA Form Mortgage Modification Policy (MMP); and by such recorded subordination agreements as required to maintain first lien position.

  • Subordinate Lender shall submit the following items to Senior Lender the later of (a) ten (10) Business Days after the date on which the proceeds of the Subordinate Loan are disbursed to Borrower, and (b) the effective date of the Senior Loan Documents: (1) Title Policy Endorsement.

  • Such Land Mortgage Title Policy Endorsement shall be an amount equal to the fair market value of the Land, and issued by companies and in form and substance satisfactory to Agent in its sole discretion.

  • Mortgagee Title Policy Endorsement: Verify the existence of an original title policy endorsement or title policy, and evidence that the modification has been recorded, and that the full amount of the modified loan is insured.

  • At Closing, (a) the Initial Partnership Interests shall be free and clear of all liens, charges and encumbrances; (b) title to the Property shall be subject only to: (i) the Permitted Exceptions; and (ii) the Existing Mortgages and the Lease; and (c) the Title Company shall issue the Title Policy Endorsement.

  • PROJECT DOCUMENTS Project Commitment Deed of Trust UCC Financing Statements (one for filing with Project State Secretary of State and one for filing with Project County County Title Policy or Title Policy Endorsement Plans and Specifications Amended and Restated Loan Agreement – Xxxxxxx Xxxx Homes, Inc.

  • Additional Covenants 60 Section 21.1 Preserve Accuracy of Representations and Warranties; Notification 60 Section 21.2 Material Adverse Effect 61 Section 21.3 Consents and Regulatory Filings; Permits 61 Section 21.4 Exclusivity 62 Section 21.5 Further Assurances 63 Section 21.6 Environmental Attributes 63 Section 21.7 Title Policy Endorsement 63 Section 21.8 Excluded Assets 63 Section 21.9 Excluded Liabilities 63 Article 22.


More Definitions of Title Policy Endorsement

Title Policy Endorsement means an endorsement to the Title Policy to be delivered to Lender in connection with the pledge of Additional Lots or Additional Units as part of the Borrowing Base Collateral, which endorsement shall be in substantially the form of EXHIBIT D to the Title Procedures Agreement.
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Related to Title Policy Endorsement

  • Title Policy shall have the meaning set forth in Section 4.2.

  • Necessary Endorsement means undated stock powers endorsed in blank or other proper instruments of assignment duly executed and such other instruments or documents as the Agent (as that term is defined below) may reasonably request.

  • Title Policies has the meaning set forth in Section 6.17.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Title Insurance An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

  • Licensure by endorsement means the issuance of an Iowa license to practice as a barber to an applicant who is or has been licensed in another state.

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • Existing Title Policy means, the existing title insurance policy for the Property.

  • CLTA The California Land Title Association.

  • Title insurance agent means an agent licensed in this Commonwealth to solicit, negotiate, procure,

  • Title Insurer means Chicago Title Insurance Company.

  • ALTA means American Land Title Association, or any successor thereto.

  • Title Insurance Company as defined in Section 6.1(o).

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Indorsement has the meaning specified in Section 8-102(a)(11) of the UCC, and “Indorsed” has a corresponding meaning.

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Endorsement contract means an agreement under which a student athlete is employed or receives consideration to use on behalf of the other party any value that the student athlete may have because of publicity, reputation, following, or fame obtained because of athletic ability or performance.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.